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Business & Investments

MEPRA Awards 2023 makes history as it announces 4 new categories and a judging panel of 112 industry stalwarts

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MEPRA Awards 2023 makes history as it announces 4 new categories and a judging panel of 112 industry stalwarts

With less than a month to go for the awards ceremony at Atlantis, The Palm on November 23, 2023; the Middle East Public Relations Association (MEPRA) revealed that they have received close to 750 entries across 47 categories. Reckoning the growing need to identify and accommodate niche service expertise, the annual awards have introduced 4 new categories, confirming a strategic growth in structure. Interestingly, the association also recruited 112 judges, the highest in MEPRA history consisting of independent adjudicators and industry veterans.

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Business & Investments

Q Properties awards a AED 584 million construction contract to Trojan General Contracting

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Q Properties awards a AED 584 million construction contract to Trojan General Contracting for Reem Hills Phase 1 twin villas and townhouses

Abu Dhabi, UAE – 15 November 2023: Q Properties, the leading UAE real estate developer and subsidiary of Q Holding (ADX: QHOLDING), has awarded a construction contract worth AED 584 million to Trojan General Contracting for work on 302 townhouses and 110 twin villas– all of which are fully sold out.

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Health Care

39-Year-Old Pakistani National Emerges as Overall Winner in RAK Diabetes Challenge 2023, Takes Home AED 5000 Prize

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 39-Year-Old Pakistani National Emerges as Overall Winner in RAK Diabetes Challenge 2023, Takes Home AED 5000 Prize

  • Cash awards totalling AED 20,000 were presented to the victors
  • RAK Diabetes Challenge 2023 concludes with remarkable success, participants witness significant improvements in HbA1c levels, weight and overall health
  • The challenge revealed that 85% of participants exhibited HbA1c levels above 5.7, reinforcing the event’s relevance for individuals actively managing diabetes
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Business & Investments

Omantel Group reports 28.7% rise in Q3 net profit

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Omantel Group reports 28.7% rise in Q3 net profit

Domestic operations revenues grew 8.2%

Muscat, 14 November 2023: Oman Telecommunications Company Group (MSX: OTEL) reported significant growth for the nine months ended September 2023, net profit increasing 28.7% from RO 195 Mn to RO 251 Mn at the end of September 2023. Group revenue grew 10.6% from RO 1981.5 Mn to RO 2192.5 Mn at the end of September 2023.

Omantel’s domestic operations performance

At the level of domestic operations, Omantel’s revenues grew by 8.2% to reach R.O 458.1 million, compared to the corresponding period.  Revenue growth is mainly coming from wholesale transit voice revenue which increased by RO 17 Mn and device revenue which increased by RO 10.9 Mn.  Growth in retail revenue is contributed by Mobile Postpaid revenue which increased by 11.4% and Fixed Broadband revenues which increased by 4.4%.

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Technologies

Zoho introduces Zoho Practice for accountants in the Middle East

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Zoho introduces Zoho Practice for accountants in the Middle East, records 42% Growth of Zoho Finance platform in the UAE

Dubai – November 15, 2023: Zoho, a leading global technology company, today announced that the Zoho Finance Platform has achieved a significant 42% increase in new customers in the UAE, and 50% in the MEA region. The company also made significant expansions to its Finance Platform with 230+ extensions in Zoho Marketplace, and a dedicated developer portal. Additionally, it launched Zoho Practice, an end-to-end practice management solution for accounting professionals. These additions strengthen the Finance Platform’s ecosystem, helping businesses across the MENA tailor their applications and collaborate with their accountants to enhance their operations.

Hyther Nizam, President of Middle East and Africa (MEA) at Zoho said, “Over the past 15 years, our Finance Platform has grown from a single app to a unified suite, and now a comprehensive platform that is the go-to for businesses of all sizes in MENA. Our continued investments in building a powerful ecosystem have enabled businesses to access the best enterprise tech available. The expanded Zoho Finance Platform ecosystem offers full customization, ensuring that the software continues to meet their business needs with unparalleled efficiency, even as they evolve.”

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